215 E 220th, Carson, CA 90745

$2,990,000

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List Price
$2,990,000
Status
ACTIVE
MLS#
SB26194528
Year Built
1945
Lot Size
40,316
Acres
0.93
Lot Location
Value In Land, Yard
Days on Market
1
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

Rare Carson investment and development opportunity featuring four detached, single-story residences situated on one expansive, level and rectangular 40,260-square-foot parcel measuring approximately 132 × 305 feet. The existing improvements total approximately 3,406 square feet and provide a combined eight bedrooms and four bathrooms, three garage spaces and approximately 10 additional uncovered parking spaces. Existing rents substantially below market due to long-term tenants whose rents were intentionally kept low by the prior owner. Buyers must independently verify rental values, expenses and income projections. The property is zoned RM-12-D and may offer future multifamily development potential of approximately 11 units by right and potentially 13 units with a density bonus. All zoning, density, development potential and permitted-use information is subject to independent buyer verification and approval by the City and all applicable agencies.

Additional Information

Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$61,200
Operating Expense
8442

Listing courtesy of Listing Agent: Katrina Matthews (matthews.katrina@gmail.com) from Listing Office: Keller Williams Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.